RPTA Commercial Analyst

Entity:

Supply, Trading & Shipping

Job Family Group:

Supply & Trading Group

Job Description:

About us

Our purpose is to bring together people, energy and markets to power and navigate a changing world. In a time of constant change and possibility we need new talent to pursue commercial opportunities, fueled by world-class insight and expertise. We’re always striving for more innovative digital solutions, sustainable outcomes and closer collaboration across our company and beyond, and you could be part of that too. Together we continue to grow as the world’s leading energy company!

   

Role Synopsis 

The Commercial Analyst & BPX Interface Liaison is a key strategic front office position within the Crude Trading and Shipping organization, reporting to the Commercial Manager for Crude. This hybrid role is designed to provide comprehensive support to the crude trading bench while also serving as the primary interface between trading and BPX onshore – BP’s Crude oil production asset management team. The position offers a unique opportunity to gain in-depth exposure to how BP’s lease crude marketing business operates through contract management, volume forecasting, and monthly settlements, and optimizing relationships to deliver maximum value to bp.

 

The successful candidate will be responsible for enhancing relationships and communication between Trading and Upstream, ensuring that commercial strategies are aligned and driven efficiently. This role requires a proactive approach to relationship management, a strong analytical approach, and the ability to coordinate across multiple functions to deliver maximum value to bp. The Commercial Analyst & BPX Interface Liaison will play a critical role in supporting business growth, driving process improvements, and ensuring operational excellence in all commercial activities related to onshore crude oil marketing and trading.

 

Key accountabilities                           

 

All accountabilities will be supported and supervised by the Crude traders and relevant upstream personnel. Depending on the bench and business needs, responsibilities include but are not limited to:

 

• Serve as the primary point of accountability and interface between T&S and BPX, leading weekly meetings, setting focused agendas, resolving issues, and driving solutions for ad-hoc requests.

• Develop and communicate equity production forecasts, including management of post-cycle production changes to the trading bench.

• Prepare logistics plans for new upstream operating areas, ensuring readiness and alignment across stakeholders.

• Address pricing and royalty inquiries, and lead coordination of interface-related activities across functions.

• Maintain service-level agreements (SLAs) and oversee all BPX-related contracts to ensure compliance and continuity.

• Assist in month-end and quarter-end close activities for both T&S and BPX, including monthly performance reporting against critical metrics, tracking crude oil prices for accounting, and establishing quarterly line fill volumes.

• Manage daily exposure for select trading books in the Crude bench: morning position updates, reconciliations, intraday moves, end-of-day position explanations, and deal-level cost provisions.

• Deliver effective validation of deal valuation on T0 and ensure timely communication of performance (Expo / P&L) via the FTS process.

• Validation of exposure and daily pricing in line with chain/portfolio strategy and ensuring books are appropriately hedged (flat price, FX and MOCs) and in line with defined strategy.

• Support trading teams to ensure all deals are marked accurately in line with MTM policy, including monitoring and clearing of failed valuations and uploading daily curves where necessary.

• Collaborate with Trading, Operations, and Commodity Risk to ensure accurate reflection of deal valuation throughout the lifecycle of the deal. This includes operational and deal amends, blending/regrades, updating exposure modelled deals, etc.

• Support continuous improvement to streamline and simplify processes.

 

Essential experience and job requirements

• Experience in commodity trading or a related commercial role, with strong analytical and numeracy skills